Epic CEO mocks ‘metaverse is dead’ notion — 600M coming to the ‘wake’

” The article made particular reference of Metas virtual reality (VR) platform Horizon Worlds which Zitron claims has failed to live up to its “grand pledge” of becoming the future of the internet.It likewise points out Decentraland and Yuga Labs Otherside as examples of Metaverses that have actually seemingly failed to live up to their buzz and claimed financiers have actually turned their attention to the next huge tech trend– generative AI. “The metaverse is dead! Lets organize an online wake so that we 600,000,000 month-to-month active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D,” he joked, which was echoed soon after by Sandbox CEO Sebastien Borget.Related: Meta coughing up huge cash to designers developing its metaverseIn April 2022, Epic Games announced a $2 billion funding round with the objective of accelerating the companys plans for the Metaverse.

Legendary Games CEO Tim Sweeney is just as optimistic about the Metaverse as ever, after poking enjoyable at a current tip that online virtual worlds are “dead.” The now-billionaire computer game business owner– developer of the Unreal Engine and Fortnite– required to Twitter on May 9 to mock a freshly published article from Business Insider titled “RIP Metaverse, we hardly understood ye.” The metaverse is dead! Lets arrange an online wake so that we 600,000,000 month-to-month active users in Fortnite, Minecraft, Roblox, PUBG Mobile, Sandbox, and VRChat can mourn its passing together in real-time 3D. https://t.co/tRpFHsdZLw— Tim Sweeney (@TimSweeneyEpic) May 9, 2023